AGM Statement

Aortech International PLC
4 July 2001

                          AORTECH INTERNATIONAL PLC

                                AGM Statement



At the Annual General Meeting of Aortech International plc, the Scottish-based
developer and manufacturer of cardio-vascular devices and biomaterials, held
today, the Chairman Gordon Wright made the following comments:

'The year has seen continued growth in all of our technologies although it has
been disappointing as regards our share price.

'The underlying heart valve business continues to grow whilst all development
projects remain on schedule and in line with budget. TruCOMMS has been
launched in the USA and has received an encouraging response. We have recently
announced the appointment of Dennis Hurlebaus as Vice President of Sales in
the USA and Dennis's wealth of experience within the Critical Care environment
will, I am confident, deliver sales growth of TruCCOMS in the USA.

'In Europe and the Middle East we have appointed Becton Dickinson to
distribute TruCOMMS and this should enable AorTech to achieve faster sales
growth in this area.

'The development programme for the new heart valve remains on schedule and it
will be entering regulatory testing in August, prior to clinical trials. All
papers presented to date support the Board's view regarding the potential of
this product.

'The continued positive results on the use of Elast-Eon as the material for
the new heart valve demonstrates the unique properties of the material and we
remain confident that further licence agreements will be signed during the
current year.

'In addition to the £20 million fund raising in April we have subsequently
raised an additional £6 million and as a result we have sufficient funds to
cover the ongoing development and commercialisation costs for over two years.

'Overall the Company is performing well and we are confident that our new
products recently brought to the market and the products under development
will meet expectations. We have extended and enhanced our development and
production facilities and have continued to attract high calibre staff. The
Group continues to offer excellent prospects as we continue to develop and
commercialise our unique range of products.'

                                                                   4 July 2001

ENQUIRIES:

AorTech International plc                            Tel: [phone]
Eddie McDaid, Chief Executive Officer

College Hill                                         Tel: [phone]
Michael Padley
Nicholas Nelson